NOT LISTED FOR SALE

2000 E Arbors Ave Hobbs, NM 88240

Hobbs Area

Estimated Value: $524,000 - $602,000

Studio
6 Baths
3,936 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2025

Current estimated payment $3,473 / mo

Highlights

  • No HOA
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of June 2025

Great investment opportunity at the Arbors in Hobbs! This fourplex has two two bedroom units with a one car garage and two three-bedroom units with a two-car garage! All units are currently occupied with great long term tenants. All units have recently been updated! This is a hard to find investment property in Hobbs with a 12% cap rate!

Last Agent to Sell the Property

COLTON GAINER

United Realty, LLC - Hobbs Listed on: 04/23/2025

Last Buyer's Agent

Rodney Davis

United Realty, LLC - Hobbs License #20741

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 2012

Lot Details

  • 13,504 Sq Ft Lot
  • Lot Dimensions are 211.0x65.0

Home Design

  • Shingle Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,936 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4980104154011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,571

Year Built

Built in 2012

Lot Details

0.31 Acres

Listing Details

  • New Construction: No
  • Year Built: 2012
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential
  • Horses: No
  • Inclusions: Dishwasher, Disposal, Dryer, Free-Standing Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Carport Y N: No
  • Reso Flooring: Vinyl
  • Garage Yn: No
  • Reso Interior Features: Smoke Detector(s)
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Private Spa: No
  • Stories: 1

Exterior Features

  • Roof: Tile, Shingle
  • Acres: 0.31
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Open Parking: No
  • Total Parking Spaces: 6.0

Utilities

  • Utilities: Garbage
  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: None/Other
  • Ninth Grade High School: None/Other
  • Middle Or Junior School: None/Other

Lot Info

  • Assessments: No
  • Lot Dimensions: 211.0x65.0
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 4980104154011

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4571.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
Jun 20, 2025
Sold by
Bought by
Seller's Agent
COLTON GAINER
United Realty, LLC - Hobbs
Buyer's Agent
Rodney Davis
United Realty, LLC - Hobbs
List Price
$560,000
Views
2
Current Estimated Value
$564,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%

Purchase Details

Closed on
Jul 30, 2012
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Insurance
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2025 06/20/25 Sold -- -- --
04/23/2025 04/23/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $560,000 +12.0% $142 / Sq Ft
08/25/2023 08/25/23 Sold -- -- -- View Prior Sale
06/16/2023 06/16/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $500,000 -- $127 / Sq Ft
Source: New Mexico MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,514 $167,255 $13,333 $153,922
2024 $4,571 $167,255 $13,333 $153,922
2023 $4,176 $150,726 $12,360 $138,366
2022 $4,002 $150,726 $12,360 $138,366
2021 $3,992 $146,336 $12,000 $134,336
2020 $3,932 $146,336 $12,000 $134,336
2019 $3,865 $146,336 $12,000 $134,336
2018 $3,822 $146,336 $12,000 $134,336
2017 $4,042 $439,008 $36,000 $403,008
2016 $4,206 $439,008 $36,000 $403,008
2015 $3,854 $439,008 $36,000 $403,008
2014 -- $439,008 $36,000 $403,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20252359

New Mexico MLS

APN: 4980104154011

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